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Paddy Baker

Latest from Paddy Baker
Japan Is Seriously Considering a Digital Yen: Report
As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year's policy agenda.

First Mover: UK Economy Setback Renews Questions of Bitcoin's Resilience
The U.K. is recovering from the economic effects of the coronavirus more slowly than expected. Would a fresh market drop pull down bitcoin, too?

China to Test Digital Yuan on Tencent-Backed Food Delivery Platform
Now three Tencent-backed companies are setting themselves up to become early-stage testers for China’s digital yuan initiative.

Standard Chartered Participates in Jammed $18M Round for Crypto Custodian
Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.

PayPal Told EU It Had Crypto Plans Back in March
PayPal had previously declined to say whether it had any designs in the crypto space; the letter from early March appears to confirm it.

Gate.io, Huobi Enter Booming Crypto Options Scene
The two exchanges are moving into the crypto options scene, which continues to grow as volumes on spot and futures markets spiral.

Binance Rolling Out Crypto Card for EU, UK Markets
Users in Europe will be able to apply for the Binance Card from August, those in U.K. will be able to do so shortly afterwards.

Polkadot's Inaugural Vote Could Expand DOT Supply by 1,000x
The first vote on Polkadot will be to see whether the DOT supply should be redenominated by a "logical" 100x or even by 1,000x.

SEC, CFTC Hit Crypto App Abra With $300K in Penalties Over Illegal Swaps
The financial regulators both found fault with Abra offering security-based swaps without first checking to see whether investors were eligble.

Fidelity International Doubles Stake in Bitcoin Mining Firm Hut 8
Billion-dollar fund manager Fidelity International is betting big on rebounding fortunes for the listed bitcoin miner Hut 8.
